$ICLD$ - BIG DISAGREE - READ 10K carefully- debt i
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Posted On: 03/17/2017 2:56:39 PM
$ICLD$ - BIG DISAGREE - READ 10K carefully- debt is decreased 2/3 , revs up $4mil to $78mil, (with all respect Winston - just want you and others to get the most accurate DD on ICLD so you can make future investment/trade decisions.)
10K Quotes:
Debt:
"Our senior debt now totals only $5.7 Million; which is down from $25.7 Million in June of 2016. The senior debt reduction along with the subordinated debt reductions since June 2016 now total over $27.4 Million. This is a significant and important reversal.
Mark Munro, Chairman and CEO stated, "2016 was a solid growth year for InterCloud. Revenue increased, costs lowered and debt was significantly reduced. We look forward to driving efficiencies deeper in 2017 and the continued growth and maturity in the new markets of IOT, SDN and NFV.”
Business growth Prospects: (huge)
"Spending on public cloud services is expected to increase sharply this year and through 2019, - Gartner analysts projected that the global public cloud services increaseed 16.5 percent last year compared with 2015 - to $204 billion."
"Our Competitive Strengths
During 2016, we began delivering DPoD, a hyper-converged private/hybrid cloud solution. Our DPoD product offering provides all of the attributes of a public cloud offering, including reduced capital expenditures for our customers and greater elasticity and scalability in a dedicated private cloud environment. DPoD can be deployed within our data centers or on customer premises. In addition to compute and storage resources, DPoD is fully-enabled with SDN and NFV to leverage software-based network appliances. DPoD is a ‘cloud in a box,’ that brings everything together, including a full multi-vendor professional services experience. The DPoD provides the client with a completely secure, private cloud solution that can be leveraged for nearly any business application."
"Employees
As of December 31, 2016, we had 409 full-time employees and 13 part-time employees, of whom 53 were in administration and corporate management, 8 were accounting personnel, 36 were sales personnel and 325 were technical and project managerial personnel. "
10K Quotes:
Debt:
"Our senior debt now totals only $5.7 Million; which is down from $25.7 Million in June of 2016. The senior debt reduction along with the subordinated debt reductions since June 2016 now total over $27.4 Million. This is a significant and important reversal.
Mark Munro, Chairman and CEO stated, "2016 was a solid growth year for InterCloud. Revenue increased, costs lowered and debt was significantly reduced. We look forward to driving efficiencies deeper in 2017 and the continued growth and maturity in the new markets of IOT, SDN and NFV.”
Business growth Prospects: (huge)
"Spending on public cloud services is expected to increase sharply this year and through 2019, - Gartner analysts projected that the global public cloud services increaseed 16.5 percent last year compared with 2015 - to $204 billion."
"Our Competitive Strengths
During 2016, we began delivering DPoD, a hyper-converged private/hybrid cloud solution. Our DPoD product offering provides all of the attributes of a public cloud offering, including reduced capital expenditures for our customers and greater elasticity and scalability in a dedicated private cloud environment. DPoD can be deployed within our data centers or on customer premises. In addition to compute and storage resources, DPoD is fully-enabled with SDN and NFV to leverage software-based network appliances. DPoD is a ‘cloud in a box,’ that brings everything together, including a full multi-vendor professional services experience. The DPoD provides the client with a completely secure, private cloud solution that can be leveraged for nearly any business application."
"Employees
As of December 31, 2016, we had 409 full-time employees and 13 part-time employees, of whom 53 were in administration and corporate management, 8 were accounting personnel, 36 were sales personnel and 325 were technical and project managerial personnel. "
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